PPP Loan information for Hotel electric inc.

$276,817

Hotel electric inc. was initially approved for PPP Loan of amount $276,817, the current approved amount is $276,817. The loan was approved on 02/11/2021 by The JPMorgan Chase Bank, National Association reported 22 jobs and $276,817 was used to fund payroll.

Hotel electric inc. is Existing or more than 2 years old

HOTEL ELECTRIC INC.

Date Approved

02/11/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

HOTEL ELECTRIC INC.

Borrower Address

10402 N 19th Ave

Borrower City

Phoenix

Borrower State

AZ

Borrower Zip

85021-1962

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

276817.00

Current Approval Amount

276817.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Phoenix

Project County Name

MARICOPA

Project State

AZ

Project Zip

85021-1962

CD

AZ-08

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

276812.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

279612.70

Forgiveness Date

02/22/2022

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